Unemployment Taxes for Workers Would Guarantee/Increase Income during Periods of Unemployment

Many individuals who are unemployed do not qualify for unemployment payments, and if they do those payments are only a slim portion of the income that they earned from the paying companies. If both workers and companies paid unemployment taxes, however, all paying workers who become unemployed would be guaranteed unemployment payments, plus any qualifying UE payments from their previous employers…

This could be a federal and/or state requirement for all workers, or it could be optional, and unemployment taxes would be deducted from employees’ paychecks while employers continue to pay state unemployment taxes.

Claims for worker-paid unemployment would be filed via the Department of Labor in the same manner that traditional unemployment claims are filed; claimants would be required to select the worker-paid unemployment option and/or the traditional option.

Worker-paid unemployment taxes would provide relief for claimants who are unemployed or between jobs by providing the equivalent of the claimant’s whole or partial paycheck, depending upon the specific plan that the claimant chooses. Worker-paid unemployment claimants would too be required to evidence their job search to the Department of Labor until they have acquired sufficient employment...

Worker-paid unemployment taxes would allow claimants to continue paying most or all of their bills and to properly care for themselves and their families during those periods when they are not working, and while they search for employment.